Sorrell Looks For 2 CEOs To Replace Fudge, Meyer

Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.

WPP CEO Martin Sorrell’s search is on for two global CEOs: one to replace Ann Fudge, worldwide CEO of troubled Young & Rubicam, and another for Grey Global Group CEO Ed Meyer’s position—for which sources said, with the exception of one dark horse, internal candidates have been ruled out.

The search for a new CEO at Y&R is proving to be particularly challenging given recent client defections (Sony Electronics, Jaguar and Computer Associates), a relative dearth of proven leadership talent, as well as the possibility that few may be interested in taking on what appears to be a difficult turnaround mission, sources said.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in